E-commerce boom lets Deutsche Post 2021 targets for sixth time

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The Germany-based provider of postal services said it would provide details of the new guidance with final third-quarter results on Nov. 4 as it reported a better-than-expected preliminary core profit.

The company’s unaudited earnings before interest and taxes (EBIT) came in at 1.77 billion euros ($2.04 billion), above analysts’ average forecast for an EBIT of 1.70 billion euros according to a company-provided poll.

Shares were up 2.3% at 1340 GMT.